President Anastasiades calls on the Turkish side to clarify whether it accepts the UNSGs parameters

President of the Republic of Cyprus Nicos Anastasiades has called on Turkey and the Turkish Cypriot leader to clarify their position and say whether they accept or not the parameters set by the UN Secretary General at the Crans Montana Cyprus talks last July.

Cyprus and Israel to seek arbitration for Aphrodite if companies fail, Minister says

Cyprus and Israel have agreed recently to proceed to arbitration if no settlement is reached among the companies claiming rights from the Aphrodite gas field, Minister of Energy, George Lakkotrypis has told reporters.

Dispatch of humanitarian aid to the enclaved in Turkish occupied north resumes

The dispatch of humanitarian aid to the enclaved living in the Turkish occupied north of Cyprus resumed on Thursday morning, following a decision by the illegal Turkish Cypriot regime to revoke an earlier decision it had taken in October last year to impose a levy.

A diplomatic source at the UN seat, in New York, has confirmed that the Cyprus government has given its consent as regards the UN Secretary Generals decision to send former UN official Jane Holl Lute on a mission during which she will hold talks with both communities in Cyprus, as well as with the three guarantor powers, Greece, Turkey and the UK.

FM outlines Cyprus’ foreign policy pillars during lecture in Athens

Cypriot Foreign Minister Nikos Christodoulides outlined, on Wednesday, the main pillars of the country’s foreign policy as it has been formed after the presidential elections in the country last February, and Cyprus President Nicos Anastasiades re-election.

The European Commission is aware of the intimidation of the Turkish Cypriot newspaper Afrika and regrets the violence being put out by protesters against the newspapers offices, EU Commissioner Johannes Hahn has said in a written response to a question submitted by MEPs.

Heat extremes and water shortage are the specific difficulties related to the Mediterranean and Middle Eastern climate change, Professor Jos Lelieveld, Director of the Max Planck Institute for Chemistry in Germany and Professor of atmospheric chemistry at the Cyprus Institute has told CNA.

Cyprus unemployment rates will further decline to 9.0% in 2018 and 7.1% in 2019 (11.1% in 2017) according to the Spring Economic Forecast of the European Commission, published today in Brussels. According to the same forecast, public debt will rise again to 105.7% in 2018, only to decline to sub 100% (99.5%) levels in 2019 (in the no policy change scenario), while Cyprus budget will remain on the positive side with overall surpluses of 2.0% and 2.2% for 2018 and 2019. GDP will continue growing by 3,9% in 2017, 3,6% in 2018 and 3,3% in 2019.

Real estate sales up by 29% in April

Real estate sales recorded an increase of 29% in April, according to Land Registry data compared to April 2017. Famagusta District was a leader in real estate demand, recording an impressive 79% increase in the register of sales contracts, followed by Nicosia with a 46% increase.

Mortgages value drops by Euros 62.28 million in April

The value of real estate mortgages in April 2018 dropped by Euros 62.28 million and was recorded at Euros 237.34 million in the whole of Cyprus, Land Registry data published on Wednesday show.